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Market Crash Warning - The Trap Door Has Opened
Monday, May 27, 2019 - 2:29pm | 1060I love reading about all the good news in the market. This past week, we saw U.S. jobless claims dip to 211,000, and they are now near half-century lows. We also saw U.S. consumer sentiment reach a 15-year high. So, what could go wrong? Well, as Professor Hernan Cortes Douglas, former Luksic...
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The Fed Is Caught Behind The Curve
Thursday, May 23, 2019 - 10:12am | 497Pease note: This article was originally posted on FATRADER.com on Thursday May 22 before the breakout in bonds. I have written many times about how the Fed follows the market and does not lead it. And, we are about to see yet another example of history’s lessons. For those that followed our...
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Bitcoin's Strong Extensions Warn The Bear May Try To Come Back
Wednesday, May 22, 2019 - 10:03am | 520In our last update, we stated that Bitcoin was providing us the minimum price patterns to suggest that a bull market was under way. Moreover, we were looking for a standard corrective pullback to solidify the bull market case. But when the price action is too strong, it can flash warnings signals....
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Are You Being Tossed Around By The China News?
Monday, May 20, 2019 - 10:17am | 1386As I watched and traded the market action over the last several weeks, I witnessed something quite amazing. Yet, this was not the first time I have seen this. Each time the market was set up for a smaller change of directional move, a news event or a “tweet” seemed to have come out at...
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Bitcoin Bull Market Is Back
Friday, May 10, 2019 - 11:59am | 708I am hoping that the title to this article will mark the local top to the rally off the December 2018 lows in Bitcoin. But, that does not change our perspective that it is likely that Bitcoin has resumed its bull market run. As we came into 2019, Ryan Wilday and I have been publishing articles...
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Metals Are All At Support
Friday, April 26, 2019 - 11:03am | 468I am not sure how much more I can add to what has been said over the last two weeks in the metals complex. At this point in time, it is quite clear that the metals are testing support. As specifically noted about silver, the 14.60 support region is what I want to see holding as support here. While...
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A Big Advantage: Knowing Where You Are In The Cycle
Friday, April 5, 2019 - 10:09am | 1080Geoffrey Moore, the father of leading indicators, once said that it is a big advantage just to know where you are in the economic cycle, let alone trying to forecast where it is going. Most investors or analysts don't have a concrete way to define where we are in the cycle and use common but...